Bill Text: IL SB1912 | 2013-2014 | 98th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Civil Practice Law of the Code of Civil Procedure. Provides that in any civil action involving a claim for money damages, a release must be tendered by the settling defendants to the plaintiff within 14 days of an agreement to the settlement, and in cases where the law requires court approval of the settlement, the plaintiff shall timely obtain court approval and tender to the defendant a copy of the order approving the settlement. Provides that a settling defendant shall pay all sums due to a settling plaintiff within 21 days of tender by the settling plaintiff to the settling defendant of a duly executed release (and, if required by law, a copy of the order approving the settlement), and provides that upon failure to pay, interest, calculated from the date of the release, shall accrue on the amount of the settlement and shall be payable to the settling plaintiff. Provides that the plaintiff is entitled to judgment without further notice against any settling defendant who has not timely paid. Provides that the new provisions apply to all civil actions involving a claim for money damages. Effective immediately.
Spectrum: Partisan Bill (Democrat 17-0)
Status: (Passed) 2013-08-26 - Public Act . . . . . . . . . 98-0548 [SB1912 Detail]
Download: Illinois-2013-SB1912-Amended.html
Bill Title: Amends the Civil Practice Law of the Code of Civil Procedure. Provides that in any civil action involving a claim for money damages, a release must be tendered by the settling defendants to the plaintiff within 14 days of an agreement to the settlement, and in cases where the law requires court approval of the settlement, the plaintiff shall timely obtain court approval and tender to the defendant a copy of the order approving the settlement. Provides that a settling defendant shall pay all sums due to a settling plaintiff within 21 days of tender by the settling plaintiff to the settling defendant of a duly executed release (and, if required by law, a copy of the order approving the settlement), and provides that upon failure to pay, interest, calculated from the date of the release, shall accrue on the amount of the settlement and shall be payable to the settling plaintiff. Provides that the plaintiff is entitled to judgment without further notice against any settling defendant who has not timely paid. Provides that the new provisions apply to all civil actions involving a claim for money damages. Effective immediately.
Spectrum: Partisan Bill (Democrat 17-0)
Status: (Passed) 2013-08-26 - Public Act . . . . . . . . . 98-0548 [SB1912 Detail]
Download: Illinois-2013-SB1912-Amended.html
| |||||||
| |||||||
| |||||||
1 | AMENDMENT TO SENATE BILL 1912
| ||||||
2 | AMENDMENT NO. ______. Amend Senate Bill 1912, AS AMENDED, | ||||||
3 | by replacing everything after the enacting clause with the | ||||||
4 | following:
| ||||||
5 | "Section 5. The Code of Civil Procedure is amended by | ||||||
6 | adding Part 23 to Article II as follows:
| ||||||
7 | (735 ILCS 5/Art. II Pt. 23 heading new) | ||||||
8 | Part 23. Settlement | ||||||
9 | (735 ILCS 5/2-2301 new) | ||||||
10 | Sec. 2-2301. Settlement of claims; payment. | ||||||
11 | (a) In any civil action involving a claim for money | ||||||
12 | damages, a release must be tendered by the settling defendant | ||||||
13 | to the plaintiff within 14 days of an agreement to the | ||||||
14 | settlement. | ||||||
15 | (b) In any civil action involving a claim for money damages |
| |||||||
| |||||||
1 | in which the law requires court approval of a settlement, the | ||||||
2 | plaintiff shall timely tender to the settling defendant a copy | ||||||
3 | of the court order approving the settlement. | ||||||
4 | (c) In any civil action involving a claim for money damages | ||||||
5 | in which there is a known third-party lienholder or subrogation | ||||||
6 | interest (including, where applicable, Medicare, the Centers | ||||||
7 | for Medicare & Medicaid Services, or the Illinois Department of | ||||||
8 | Healthcare & Family Services), the plaintiff shall timely | ||||||
9 | tender to a settling defendant either: | ||||||
10 | (1) documentation of an agreement between the | ||||||
11 | plaintiff and the known third-party lienholder or | ||||||
12 | subrogation interest as to the amount of the settlement | ||||||
13 | that will be applied toward satisfaction of each lien or | ||||||
14 | subrogation interest; or | ||||||
15 | (2) a letter from the plaintiff's attorney agreeing to | ||||||
16 | hold the full amount of the known lien or subrogation | ||||||
17 | interest in the plaintiff's attorney's client fund account | ||||||
18 | pending final resolution of the amount to satisfy the lien | ||||||
19 | or subrogation interest. | ||||||
20 | (d) A settling defendant shall pay all sums due to the | ||||||
21 | plaintiff within 21 days of tender by the plaintiff of that | ||||||
22 | defendant's duly executed release and, if applicable, | ||||||
23 | compliance with paragraph (1) or (2) of subsection (c) of this | ||||||
24 | Section. | ||||||
25 | (e) If a settling defendant fails to pay to the plaintiff | ||||||
26 | all sums due under the terms of the settlement within 21 days |
| |||||||
| |||||||
1 | of tender of the items required by subsection (d) of this | ||||||
2 | Section without good cause shown, interest at the rate set | ||||||
3 | forth under Section 2-1303 of this Code, calculated from the | ||||||
4 | date of the tender by the plaintiff, shall accrue on the amount | ||||||
5 | of the settlement attributable to that settling defendant and | ||||||
6 | shall be payable to the plaintiff. | ||||||
7 | (f) The plaintiff is entitled to judgment against any | ||||||
8 | settling defendant who has not timely paid under subsection (d) | ||||||
9 | of this Section. The judgment shall be for the amount set forth | ||||||
10 | in the executed release, plus costs incurred in obtaining the | ||||||
11 | judgment and interest at the rate specified under Section | ||||||
12 | 2-1303 of this Code. | ||||||
13 | (g) As used in this Section, "tender" means personal | ||||||
14 | delivery or delivery by a means providing a return receipt. | ||||||
15 | (h) This Section applies to all civil actions involving a | ||||||
16 | claim for money damages, except for those against this State, | ||||||
17 | any State agency, or any State employee or foster parent or | ||||||
18 | other entity or person that is being represented and provided | ||||||
19 | indemnification in accordance with the provisions of the State | ||||||
20 | Employee Indemnification Act.
| ||||||
21 | Section 99. Effective date. This Act takes effect upon | ||||||
22 | becoming law.".
|